Sublease Agreement

Summary

This Sublease Agreement template should be utilized anytime a tenant wishes to transfer a portion of the entire leased premises to another party or the entire leased premises to another party for a period of time less than the remaining term. This template includes practical guidance, drafting notes, alternate clauses, and optional clauses. This template may be tailored to suit each transaction. Local counsel in the jurisdiction where the property is located should be consulted to advise on matters of local law, including but not limited to any disclosures or notices required by either party. For a full listing of key content covering owner and contractor agreements, see In-House Real Estate Resource Kit. For more on sublease agreements, see Sublease Agreements. For common commercial consent to sublease templates, see Consent to Sublease (Office Lease) (Short Form) and Consent to Sublease (Retail Lease) (Short Form). For guidance on due diligence, see Sublease Due Diligence. For model lease clauses, see Current Leasing Law and Techniques--Forms § 5.09. To compare state laws on commercial real estate leasing, see the Real Estate State Law Comparison Tool.